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South Korea tops entrepreneurship environment index in Asia

Thailand ranks in 8th position in the 2018 edition of Global Entrepreneurship Index, and 4th of Asean countries, following Singapore, Brunei and Malaysia.

Boris Sullivan

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South Korea tops the region in entrepreneurship environment with a score of 54%, according to the recently released Global Entrepreneurship Index.

The country jumped three spaces up from the last year.

The tech giant has been ahead of producing new technologies and introducing new products to customers. It is closely followed by Singapore and Japan with a score of 53% and 52%respectively.

China is ranked fourth in the region with a score of 41%

China’s physical infrastructure contributes to the country’s score followed by its market dynamics. It is followed by Brunei and Malaysia that have as score of 34% and 33% respectively.

India is ranked seventh in the region with a score of 28%

Despite various initiatives of the current government like “Make in India” the country is far behind as compared to other established regional leaders.

According to the report the country’s strong areas are in product and process innovation, opportunity start-up, and robust competition in the marketplace.

It is followed by Thailand, Philippines and Vietnam.

South Korea has the strongest entrepreneurship in Asia

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Business

One million people register on first day of Chim-Shop-Chai program

10 million persons will be able to register themselves to receive a 1,000 baht allowance each in the government’s electronic money mobile application

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A total of a million people have registered to join the government’s Chim-Shop-Chai (Taste-Shop-Spend) program, under which each of them will receive a 1,000 baht giveaway to be spent between September 27th and November 30th, on the first day.

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16 countries agree to conclude RCEP talks by end of this month

The final round of RCEP talks in Danang, Vietnam, is scheduled from September 19 to September 27 for senior officials to prepare various agenda pertaining to goods, services and investments

National News Bureau of Thailand

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BANGKOK, 9 September 2019(NNT)-The 51st ASEAN Economic Ministers Meeting has agreed that the final round of the Regional Comprehensive Economic Partnership (RCEP) talks in Vietnam should reach their conclusion by the end of this month.

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Thailand to Produce 2.5 Million Vehicles in 2030

Today there are about 15 million vehicles in Thailand and the Energy Ministry expects to see 1.2 million BEVs and plug-in hybrid electric vehicles within 2036.

Boris Sullivan

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The Thailand Automotive Institute expects the country will produce 2.5 million vehicles in 2030 and about 200,000 of them will be battery electric vehicles (BEVs).

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